NOT LISTED FOR SALE

4311 Lemp Ave Studio City, CA 91604

Estimated Value: $3,149,000 - $3,702,000

4 Beds
4 Baths
3,434 Sq Ft
$976/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $3,010,000 $877 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $21,978/month

5 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Contemporary Architecture
  • North Hollywood Senior High School Rated A
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling

About This Home

As of January 2022

This is it! Rare find in the Heart of highly coveted COLFAX MEADOWS neighborhood... Featuring THREE car Garage, sweeping Circular Driveway and approx. 3,434 sq. ft. of Mid Century Magic (with 4 Bedrooms, 3.5 Baths) on Huge 10,106 sq. ft. Lushly Landscaped Lot w/Grassy Yard, & enchanting lagoon style Pool, Spa & natural Rock Waterfall. Choose TOP RATED Carpenter Community Charter OR Colfax Charter Elementary as your resident school (according to LAUSD website). Impressive 2 story Entry. Awesomely Grand Living room w/soaring vaulted Beam Ceilings, Skylights and beautiful white oak flooring. Stunning State of the Art Kitchen w/Deluxe Sub Zero Fridge, Wolf Range, Custom White Cabinetry, Quartz countertops & 5 person Center Island Breakfast Bar. Wonderful Family/Media Room. Main Floor Guest Bedroom & Full Bath. Fabulous Master Suite with Fireplace, Large Walk-In Closet, separate Wall Closet plus Spa Tub, Shower, & double sink vanity. Walk to trendy Tujunga Village shops, Aroma Cafe, Vitello's & other great Eateries all in Prime Studio City Location!

Last Agent to Sell the Property

Steven Walker

Coldwell Banker Realty License #01113472 Listed on: 12/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Lisa Chase

License #01062030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,943

Year Built

  • Built in 1970

Lot Details

  • 10,102 Sq Ft Lot
  • Lot Dimensions are 75x137
  • Property is zoned LAR1

Parking

  • 3 Car Garage
  • Side by Side Parking
  • Circular Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,434 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Waterfall Pool Feature
  • In Ground Spa

Utilities

  • Zoned Heating and Cooling
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2365-025-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,943

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3434
  • Lot Acreage: 0.2319
  • Lot Dimensions: 75x137
  • Stories: 2
  • Year Built: 1970
  • Builders Tract Name: Colfax Meadows
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings
  • Fireplace Rooms: Living Room, Master Bedroom, Family Room
  • Flooring: Hardwood, Mixed
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Central Vacuum, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 841.00

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground, Waterfall
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage - 3 Car, Garage Is Attached, Side By Side, Circular Driveway
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2365-025-025
  • Lot Size Area: 10102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 11, 2019
Sold by
Tomm Wells Trust
Bought by
Iroha Moorea Trust
Seller's Agent
Joseph Breckner
Coldwell Banker Realty
List Price
$1,995,000
Sold Price
$2,060,000
Premium/Discount to List
$65,000
3.26%
Total Days on Market
5
Current Estimated Value
$3,351,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,291,993
Avg. Annual Appreciation
8.35%
Original Mortgage
$1,751,000
Outstanding Balance
$1,506,273
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,845,720

Purchase Details

Closed on
Dec 7, 2012
Sold by
Wong Paul Jeffrey
Bought by
Wells Tomm and The Tomm Wells Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2010
Sold by
Wells Tomm
Bought by
Wells Tomm and Wong Paul Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Wells Tomm
Bought by
Wells Tomm and Wong Paul Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2004
Sold by
Wells Tomm
Bought by
Wells Tomm and Wong Paul Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2002
Sold by
Wells Tomm
Bought by
Wells Tomm and Wong Paul Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.24%

Purchase Details

Closed on
Sep 17, 2002
Sold by
Wells Tomm
Bought by
Wells Tomm and Wong Paul Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.24%

Purchase Details

Closed on
Jun 14, 1998
Sold by
Wells Tomm
Bought by
Wells Tomm and Tomm Wells Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
7.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 1998
Sold by
Wells Tomm Tr Tomm Wells Trust
Bought by
Wells Tomm and Wong Paul Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
7.11%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Iroha Moorea Trust $2,060,000 Equity Title Company
Wells Tomm -- Equity Title Los Angeles
Wong Paul Jeffrey -- Equity Title Los Angeles
Wells Tomm -- None Available
Wells Tomm -- Equity Title Los Angeles
Wells Tomm -- Equity Title Company
Wells Tomm -- Equity Title Company
Wells Tomm -- Equity Title Company
Wells Tomm -- Equity Title Company
Wells Tomm -- Progressive Title Company
Wells Tomm -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iroha Moorea Trust $1,751,000
Previous Owner Wells Tomm $500,000
Previous Owner Wong Paul Jeffrey $417,000
Previous Owner Wells Tomm $487,000
Previous Owner Wells Tomm $500,000
Previous Owner Wells Tomm $543,000
Previous Owner Wells Tomm $550,000
Previous Owner Wells Tomm $131,500
Previous Owner Wells Tomm $574,000
Closed Wells Tomm $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $3,010,000 +4.2% $877 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $2,888,000 +40.2% $841 / Sq Ft
05/09/2019 05/09/19 Sold $2,060,000 +3.3% $600 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $1,995,000 -- $581 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $37,943 $3,131,603 $2,258,500 $873,103
2023 $37,281 $3,070,200 $2,214,216 $855,984
2022 $25,688 $2,165,425 $1,687,876 $477,549
2021 $25,373 $2,122,967 $1,654,781 $468,186
2020 $25,635 $2,101,200 $1,637,814 $463,386
2019 $10,757 $1,160,613 $633,319 $527,294
2018 $13,843 $1,137,856 $620,901 $516,955
2016 $13,214 $1,093,674 $596,792 $496,882
2015 $13,020 $1,077,247 $587,828 $489,419
2014 $13,061 $1,056,146 $576,314 $479,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-111271

The MLS

APN: 2365-025-025